Florida Says Money Course For Students Is Inexpensive

TALLAHASSEE, Fla. (AP) -- A new report from the Florida Department of Education says the state could put in a financial literacy course without spending a lot of money.

State legislators this year asked DOE to analyze how much it would cost if the state wanted to require high school students to take a semester-long course that deals with personal finances.

The report released this month shows that it could cost anywhere from $139,000 to $8 million in the first year depending on whether the state used books or relied on free online materials for the course.

A coalition of groups, including the Florida Bankers Association and the Florida Council on Economic Education, want legislators to require the course.

The coalition contends the course will help prepare students for the real world.

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